About

PennantPark Investment Corporation (PennantPark Investment) is a business development company focused to generate both income and capital appreciation through debt and equity investments in the United States middle-market companies in the form of senior secured loans, mezzanine debt and equity investments. The Company is a closed-end, externally managed, non-diversified investment company. During the fiscal year ended September 30, 2010 (fiscal 2010), it purchased investments issued by 17 new and 12 existing portfolio companies. During fiscal 2010, its portfolio consisted of 75% fixed-rate, including 26% with a London Interbank Offering (LIBOR), and 25% variable-rate investments.